Agree Realty Financial Health
How is Agree Realty's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ADC's short term assets ($124.1M) exceed its short term liabilities ($69.4M).
Long Term Liabilities: ADC's short term assets ($124.1M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: ADC's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: ADC's debt to equity ratio has reduced from 54.7% to 48.8% over the past 5 years.
Debt Coverage: ADC's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: ADC's interest payments on its debt are well covered by EBIT (3.5x coverage).